Divided Fed proposes rule to ease capital requirements for big Wall Street banks
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate.…
Category: Economy
Trump CIA chief says Iran nuclear program was ‘severely damaged,’ countering reports of U.S. intel assessment
Trump ordered U.S. strikes on Iranian nuclear sites as part of its support for Israel, then days later announced a…
Nvidia shares hit record as AI chipmaker again becomes world’s most valuable company
Nvidia closed at an all-time high as investors gain confidence that the chipmaker will power through China restrictions. ...
Amazon bringing faster delivery to thousands of small towns and cities
Amazon previously said it would spend $4 billion by the end of 2026 to triple the size of its rural…
Many insurance underwriters won’t offer coverage to U.S., Israel, U.K.-linked vessels at any price
Many underwriters in maritime insurance won't offer coverage to shipping vessels linked to the U.S., Israel or U.K. as the…
Home price hikes are slowing more than expected
Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from…
Oil prices fall more than 4% after Trump says China can continue buying oil from Iran
An Iran-Israel ceasefire would ease concerns over Tehran's crude supplies going offline, and the stability of oil transport through the…
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.…
U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows
Iran's foreign minister warned earlier Sunday that the Islamic Republic "reserves all options to defend its sovereignty" after U.S. airstrikes.…